Latest Labor economy News

Rice company's new product line brings 20 new jobs in Acadia

May. 25, 2022 18:28 PM EDT

BATON ROUGE, La. (AP) — Louisiana economic development officials said Wednesday that 20 jobs will be created in Acadia Parish when a rice milling company invests $16.2 million in facilities to make ready-to-eat products. Supreme Rice is making the investment to develop parboil...

Lilly plans new $2.1 billion manufacturing sites in Indiana

May. 25, 2022 16:47 PM EDT

INDIANAPOLIS (AP) — Eli Lilly and Company plans to invest $2.1 billion in two new Indiana manufacturing sites, a move that's expected to create hundreds of new jobs in the Hoosier state, the company announced Wednesday. The new facilities will expand the Indianapolis-based...

Food company to create more than 200 jobs in North Carolina

May. 24, 2022 16:34 PM EDT

RALEIGH, N.C. (AP) — A fresh foods manufacturer says it is expanding production in the Southeast with plans to invest over $42 million in a North Carolina production facility which will create more than 200 jobs, Gov. Roy Cooper announced Tuesday. Häns Kissle Co. will build a...

Report says North Dakota's 2022 economic outlook is strong

May. 24, 2022 15:07 PM EDT

BISMARCK, N.D. (AP) — The latest economic outlook report for North Dakota is showing continued improvement for 2022, despite a national economy that shrank in the first quarter and is showing signs of entering a recession. The quarterly report by the University of North Dakota...

EXPLAINER: What's in Biden's proposed new Asia trade pact?

May. 23, 2022 04:00 AM EDT

TOKYO (AP) — President Joe Biden faced a dilemma on trade in Asia: He couldn't just rejoin the Trans-Pacific Partnership that his predecessor had pulled the U.S. out of in 2017. Many related trade deals, regardless of their content, had become politically toxic for U.S. voters, who associated...

Consumers defy inflation to support economy. For how long?

May. 22, 2022 09:43 AM EDT

WASHINGTON (AP) — With prices across the economy — from food, gas and rent to cars, airfares and hotel rooms — soaring at their fastest pace in decades, you might think Americans would tap the brakes on spending. Not so far. Consumers as a whole are showing surprising...

Alaska job numbers in April up over a year earlier

May. 20, 2022 15:46 PM EDT

JUNEAU, Alaska (AP) — Alaska had about 6,700 more jobs last month than a year earlier but jobs in most sectors had not recovered to pre-pandemic levels, the state labor department reported Friday. There were about 11,800 fewer jobs in April than there were in April 2019, the year...

Idaho unemployment rate continues with historic lows

May. 20, 2022 15:43 PM EDT

BOISE, Idaho (AP) — Idaho’s unemployment rate in April dropped a tenth of a percent to 2.6% to mark a third consecutive month of historic lows since record-keeping started in 1976, state officials said Friday. The Idaho Department of Labor said that 913,000 workers have jobs...

California adds new jobs as economy shows signs of slowing

May. 20, 2022 14:49 PM EDT

SACRAMENTO, Calif. (AP) — California employers added 41,400 new jobs in April, dropping the state's unemployment rate to the lowest its been since the start of the pandemic following 14 consecutive months of growth. The nation's most populous state has now regained more than 91% of...

Pennsylvania jobless rate fell; payrolls, labor force up

May. 20, 2022 14:43 PM EDT

HARRISBURG, Pa. (AP) — Pennsylvania’s payrolls and workforce grew in April as the state's unemployment rate sank to a post-pandemic low, according to new state figures released Friday. Pennsylvania’s unemployment rate dropped one-tenth of a percentage point to 4.8% from March's...